One of the contractors I learned from used to ask people "how much is a pound of meat?"

But you had me at @beer, and @BBQ lol.

Originally posted by @Danny Redding:@Joe VilleneuveIn my experiences with Ga assessed values, you can appeal based on market values or conditions, and have your tax liability decreased.

@Anthony BarbatoYou can do whatever you want with a property you own - that is, until it gets red-tagged and/or you get into a "ghost ship" disaster like mentioned above. 

Ben,To put a bit more meat on the bones for readers who are not used to syndications, what would you expect to pay for the 'overheads' if the deal size was $4M?

You're not accounting for CapEx or managment, which are going to put you into the red.

But is that a red flag 🚩

If someone is offering you to invest in a deal at a first conversation, that should raise a red flag. 

Admittedly, this is a possible red flag...if anyone knows how to estimate an ARV in a situation like this, I’m all ears.— The $250 number is AFTER taxes and insurance (either being paid by her already in her current mortgage, or by me which I will roll into the $1300 monthly payment) and after landlord utilities.

Wondering if that's a red flag to run for the hills